GNU Taler begins operating in Switzerland, distributed by the Taler Operations AG. Gnu Taler aims to be a “digital wallet” and has been used by the swiss national bank as well as the european national bank as a example for how a digital currency handed out by the state could work. It aims to be as privacy preserving as cash for the buyer while not allowing the seller to evade taxes.
Currently the Taler is brought out by a special organisation, the “Taler Operations AG”, and not the national bank, although both the national bank as well as the Taler Team have shown interest in a official digial currency by the national bank based on the Taler. But we need to relativate as the national council has stated that the introduction of a digital currency would probably take relatively major legislative changes and therefore take a bit of time.
Fair, I don’t live in the US and IME cops haven’t stolen my cash, although tbf I’ve not really had cash lying around when raided or arrested.
Well thats their logic. If you have a lot of cash lying around, they immediately recognize it as an anomolu and therefore assume you’re guilty and the money is illicit.
Its completely legal to not trust banks and keep your savings in cash instead (or some ratio per your risk appetite), but cops generally don’t care about laws.